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Phoenix and Scottsdale AZ Luxury Condo Sales – October 2015
- Luxury Condo Sales in Scottsdale and Phoenix – October 2015 -The luxury condo market in Phoenix and Scottsdale had a better sales month in October. Listings were up a little bit and the number of pending sales is holding steady awaiting completion of new condo units.
This report covers the luxury condo market, which is being defined as those units with a list price in excess of one million dollars.
ACTIVE LISTINGS AT THE END OF OCTOBERInventory edged up slightly to forty-five by the end of October. Twenty-eight luxury condos were based in Scottsdale and other seventeen units were located in Phoenix.
The most expensive unit on the market remains the same at $2,950,000. This 8,500 square foot gutted space is actually the entire top floor of a commercial building in downtown Scottsdale.
The lowest priced condos listed came in at $1,050,000. The first was a carryover from last month in the Fairway Lodge in the Phoenix Biltmore area. It had two bedrooms and two and one-half bathrooms and 2,329 square feet. The second condo listed for $1,050,000 was in the Kierland Plaza Lofts. It had two bedrooms, two bathrooms and 1,536 square feet.
PENDING LUXURY CONDO SALES IN SCOTTSDALE AND PHOENIXAt the end of October, there were eight pending sales. ... more

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